A Comparative Study Of Marxist Economics And Modern Austrian Economics

The modern Austrian economics is the representative of the Westernnon-mainstream liberal economics and many of its ideological and theoretical, suchas the concerns of the time, emphasizing the point of view of people an importantrole in economic activities is worthy of Marxist economics critically reference. Butin the current academia, the comparative study of Marxism economics and modernAustrian economics is very few. So this paper topic selection is also a kind of try andinnovation.This paper takes the Marxist economics theory and the modern Austrianeconomics theory as the research object, the use of literature, comparative researchmethod, from the analysis of the Marxist economics and the modern Austrianeconomics in the basic position, the basic concept, the basic method of the maindifference between three aspects of basic and associated, through the system to thecomparative analysis, proposed through the critical reference The modern Austrianeconomics to reasonable enrich and develop Marxist economics and development forChina characteristics socialism market economy provide theoretical guidance for theconclusions. This paper is divided into three parts and the main content as follows:The first part discusses the need to carry out the comparative study of Marxisteconomics and modern Austrian economics, illustrates the basic connotation ofMarxist economics and modern Austrian economics, and in general terms the needfor the two comparative studies.The second part discusses the main difference and the basic association betweenMarxist economics and modern Austrian economics. This part is mainly carried out asystematic comparative analysis of three levels from the basic position, the basicpoint of view and the basic approach.The third section discusses the comparative research was supported by therevelation of Marxist economics and modern Austrian economics. Through learningfrom the subjective dynamic role of the modern Austrian economics theory whichcontains the production of the Sino-African labor factors, economic time, therelationship between supply and demand, science and technology, knowledge, talentand so on, we can enrich and develop Marxist economics, and then providetheoretical guidance for the cause of building socialism in China. But defending theleading position of Marxism economics is the basic principle.